SaaS sales refers to the selling of software applications and services that are offered digitally as a subscription. SaaS sales have earned significant popularity because of their scalability and cost-effectiveness.
SaaS sales (Software as a Service sales) is a process of selling cloud-based software and services to customers on the basis of subscription. SaaS sales include a specific approach to selling software as it mainly leverages subscription-based solutions that provide value and benefits to customers.
The SaaS sales cycle refers to the step-by-step process that SaaS companies use to identify, engage, and close customer deals. At the same time, the specific stages may vary depending on the organization and the complex process.
The process of SaaS sales includes various elements:
The three models of SaaS sales are as follows:
Some steps to help you track SaaS sales metrics effectively:
Starting a career in SaaS sales can be a promising choice for various reasons:
These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).
Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.
eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.